BitGold Inc. Acquires GoldMoney.com for CAD $52 Million

By May 26, 2015Bitcoin Business

Gold payment startup BitGold acquired the operations and intellectual property of the leading consumer gold storage company GoldMoney.com.

The acquisition of the company will be in exchange for 1,169,794 common shares in BitGold, a public company trading on the Toronto Stock Exchange. GoldMoney, since its founding in 2001, has amassed 20,000 customers, 135,000 user sign ups and manages more than $1 billion in assets.

In a BitGold press release, the startup said the acquisition will lower […]

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